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Bitcoin Whales Added $5.4B in BTC in July: Data

According to data tracked by blockchain analytics firms IntoTheBlock and TradingView, large bitcoin holders, or addresses owning at least 0.1% of BTC's circulating supply, snapped up over 84K BTC in the month of July. That's the biggest single-month tally in BTC terms since October 2014. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Nvidia Becoming More Volatile Than Bitcoin and Ether

Nvidia is expected to see more significant price swings than bitcoin and ether. The stock's 30-day options implied volatility, a gauge of anticipated price swings over four weeks, has recently surged from an annualized 48% to 71%, according to data source Fintel. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Women in Crypto Earn 15% More Than Men: Pantera Capital

Women in crypto earn 15% more than men based on median base salaries, according to a new Pantera Capital’s research on compensation. Authors of the survey suggest that women in crypto tend to be more experienced and often in mid-level to senior positions, with over five years of experience in similar roles. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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100 Days After the Bitcoin Halving, What's Next?

July 29 marks the 100th day since the Bitcoin blockchain implemented its fourth mining reward halving. According to a new research by ETC Group, the bullish impact of the slowdown in BTC supply expansion led by the halving tends to kick in after 100 days. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Biden Dropout Chances Rise on Polymarket After Covid Diagnosis

The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been diagnosed with Covid-19. In an interview with BET News that aired yesterday, Biden said that he would consider dropping out should he be diagnosed with a medical condition. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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XRP Surges 15% on the Back of Triangle Pattern

XRP surged more than 15% in the past 24 hours, extending the token’s seven-day gains to around 40%, making it the best-performing major, despite favorable regulatory developments for ether and demand for meme coins. Gains in the token started last week as traditional futures powerhouses CME and CF Benchmarks announced the debut of indices and reference rates for XRP. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Breaking Down Solana's Triangle Pattern

Solana's SOL token nearly doubled to over $200 in the first quarter, since then the uptrend has lost steam, with pullbacks supported around $120. That has resulted in a so-called descending triangle pattern, comprising a downward sloping trendline, representing lower highs and a flat trendline, representing a solid support level. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Spain National Fan Token Slides After UEFA Euro 2024 Win

Despite Spain's victory in the UEFA 2024 soccer championship, the Spain National Fan token (SNFT) has dropped by nearly 20% to over 2 cents in the past 24 hours with a market cap of $583K at press time, according to CoinGecko. The slide in price likely represents the "sell-the-fact" losses following the country's win over England. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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ARG Token Skyrockets as Argentina Heads to Copa America Final

Argentina, the defending champion of the Copa America soccer tournament, advanced to the finals again on Tuesday after defeating Canada. The team’s success more than doubled the market value of the country's fan token, ARG. According to data source CoinMarketCap, the price of the Argentina Football Association's cryptocurrency has risen more than 100% to above $2 since the semi-final. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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Messi Promotes Meme Coin WATER on Instagram, Leading to 350% Surge

Meme coin WATER soared recently after soccer legend Lionel Messi promoted it on Instagram. In the two hours following the post, the token surged $356% before subsequently pulling back. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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